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Fraport Twin Star Airport Management AD (Bulgaria)

Main Activities: Support Activities for Air Transportation
Full name: Fraport Twin Star Airport Management AD Profile Updated: September 08, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2021 Available in: English Download a sample report

Fraport Twin Star Airport Management was established in 2006 when a consortium comprising local logistic firm BM Star and German`s Fraport won a 35-year concession contact for the operation of Varna and Burgas airports. The company pledged to invest EUR 403 million in the two airports. In 2009, BM Star was renamed into Airport Services.
The two Black Sea airports serviced 2.9 million passengers in 2009.
In October 2010, the company started a BGN 12 million expansion project for the construction of administrative buildings, fire-fighting facilities and four stands for large airplanes at the airport of Burgas.

Headquarters
Varna Airport
Varna; Varna; Postal Code: 9000

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Website: http://www.fraport-bulgaria.com/

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
August 11, 2006
Key Executives
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Executive Director and Member of the Management Board
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Executive Director and Member of the Management Board
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Executive Director and Member of the Management Board
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Executive Director
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Member of the Management Board
Ownership Details
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60%
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40%
Company Performance
Financial values in the chart are available after Fraport Twin Star Airport Management AD report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BGN. Absolute financial data is included in the purchased report.
Net sales revenue
90.96%
Total operating revenue
77.67%
Operating profit (EBIT)
N/A
EBITDA
646.59%
Net Profit (Loss) for the Period
N/A
Total assets
-1.54%
Total equity
0.73%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Quick Ratio
0.54%
Cash Ratio
0.49%

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